R E Lee Wilson Trusts
- Assets
- $5.0m
- Revenue
- $147.8k
- Investments
- $4.9m
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 11/2003
- Data as of
- 12/2023
- EIN
- 71-6059146
Organization Overview
R E Lee Wilson Trusts is located in Little Rock, AR. The organization was established in 2003. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. R E Lee Wilson Trusts is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, R E Lee Wilson Trusts generated $147.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $385.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, R E Lee Wilson Trusts has awarded 23 individual grants totaling $1,725,824. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 1 | $13,833 | |
Name Not Listed Trustee | 1 | $13,833 | |
Name Not Listed Trustee | 1 | $13,833 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $152,556 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,757 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $147,799 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $41,499 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,303 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $72,203 |
| Contributions, gifts, grants paid | $313,311 |
| Total expenses and disbursements | $385,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,411 |
| Savings and temporary cash investments | $99,291 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $10 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,010,143 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, R E Lee Wilson Trusts has awarded $313,311 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
LYON COLLEGE- ANNUAL FUND PURPOSE: FURTHEREANCE OF RECIPIENT'S EXEMPT PURPOSE | $51,508 |
LYON COLLEGE- FREE ENTERPRISE CHAIR ENDOWMENT PURPOSE: FURTHERANCE OF RECIPIENT'S EXEMPT PURPOSE | $200,803 |
ECONOMICS ARKANSAS FOUNDATION- LEGACY CAMPAIGN PURPOSE: FUTHERANCE OF RECIPIENT'S EXEMPT PURPOSE | $50,000 |
AR HISTORICAL ASSOCIATION- ANNUAL DONATION PURPOSE: FURTHERANCE OF RECIPIENT'S EXEMPT PURPOSE | $1,000 |
FIVE OAKS AG RESEARCH AND EDUCATION CENTER PURPOSE: FURTHERANCE OF RECIPIENT'S EXEMPT PURPOSE | $10,000 |